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Strategies & Market Trends : Options
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To: Jill who started this subject8/1/2000 2:03:40 PM
From: samson  Read Replies (3) of 8096
 
Help please: I bought 500 shares of RNWK (at 40.50) and sold covered calls (sep 40)immediately, and got 6.25 for the calls. If the stock goes down, I will buy back the calls. If the stock goes up, I will have to wait it until my shares are assigned and buy back in the market. Is there any other way to play this "choppy" market conditions?
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